HLE Glascoat Q2 FY27 Order Book Crosses ₹1,000 Cr
HLE Glascoat Limited announced its unaudited financial results for Q2 FY27, reporting a consolidated revenue of ₹346.7 Cr, a 15.3% increase quarter-on-quarter (QoQ). EBITDA for the quarter stood at ₹39.0 Cr, up 72.3% QoQ, with an improved EBITDA margin of 11.2%. Profit After Tax (PAT) reached ₹16.0 Cr, marking a significant 680.0% growth QoQ. The company's consolidated order book crossed a record ₹1,087.3 Cr as of September 30, 2026. A notable international win includes an order of approximately €20.56 million secured by its subsidiary, HLE Surface Technologies GmbH, for vitreous enamel cladding panels for the Fehmarnbelt tunnel. The company plans a capital expenditure of ₹42-45 crores for manufacturing heavy engineering products.
Key Highlights
- Consolidated order book reached a record ₹1,087.3 Cr.
- Q2 FY27 revenue grew 15.3% QoQ to ₹346.7 Cr.
- EBITDA increased 72.3% QoQ to ₹39.0 Cr.
- PAT surged 680.0% QoQ to ₹16.0 Cr.
- Secured international order worth €20.56 million.
Price Impact
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